Date Closed

July 13, 2022

Lead Office

Montréal

Value

1.90 Billion CAD

On July 13, 2022, Énergir, L.P. entered into a new credit agreement that provides for a C$800 million secured revolving credit facility that will mature on July 13, 2027. This credit facility has replaced Énergir Inc.'s previous C$800 million credit facility that was established on March 2, 2012. Énergir, L.P. has also issued an information memorandum for the issuance of  short-term promissory notes (commercial paper) worth C$800 million. The promissory notes will be supported by the credit agreement, and issued subject to Énergir, L.P. financial needs.

Énergir, L.P. is a diversified energy production company based in Montreal with assets in natural gas, wind, solar and LNG.

McCarthy Tétrault advised Énergir, L.P. with a team led by Richard O'Doherty and Patrick Boucher that included Mathilde Melançon-Brais, Mariya Voloshyn, Jason Phelan, Isabelle Nazon (Business) Danielle Drolet and Danielle Gagnon (Real Property and Planning).